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You are here: Home / Oil pipeline with India will play vital role in ensuring fuel security in Bangladesh: PM Hasina

Oil pipeline with India will play vital role in ensuring fuel security in Bangladesh: PM Hasina

Sheikh Hasina said on Saturday that her country’s first cross-border oil pipeline with India will play a vital role in ensuring fuel security in Bangladesh at a time when the world was facing a serious energy crisis due to the Ukraine war. Hasina said this while virtually inaugurating with her Indian counterpart Narendra Modi the 131.5-km Bangladesh-India Friendship Pipeline’ on Saturday. Terming India a “true friend” of Bangladesh, Hasina said she wanted this friendship to remain intact. The pipeline costing Rs 377 crore is part of energy sector cooperation between the two neighbouring countries through which Bangladesh will import petroleum, especially diesel from India. “When many countries across the world are on the verge of a fuel crisis due to the Russia-Ukraine war at that time this pipeline will play a vital role in ensuring the fuel security of our people,” Hasina said. “The friendship pipeline is a milestone achievement in cooperation for the development between the two friendly countries,” she said. Apart from ensuring fuel security, the pipeline will increase the economic growth,” she said. Hasina said the time and expenditure for importing diesel from India will be reduced significantly by this pipeline. “We have settled all our bilateral… Read full this story

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Oil pipeline with India will play vital role in ensuring fuel security in Bangladesh: PM Hasina have 327 words, post on energy.economictimes.indiatimes.com at March 19, 2023. This is cached page on Gatofuns. If you want remove this page, please contact us.

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